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Registered online sellers can avail of gov't benefits: DOF

Arianne Merez, ABS-CBN News
Posted at Jun 16 12:32 PM

Online sellers who will register their businesses with the Bureau of Internal Revenue will be eligible for government benefits, the Department of Finance said Tuesday as it allayed concerns of digital entrepreneurs over taxes. Read more »

Beware of bitcoin scams, finance dept tells public

Arianne Merez, ABS-CBN News
Updated as of Jun 16 12:12 PM

The Department of Finance warned Filipinos Tuesday against false information circulating online that seek investments in cryptocurrencies, particularly bitcoin. Read more »

PH finance dep't backs Congress move on taxing POGOs

Pia Gutierrez, ABS-CBN News
Posted at Mar 11 09:13 PM

The Philippine finance ministry supports the legislative move to increase taxes on offshore gaming operators in the country and their service providers, amid government efforts against tax-evading firms in the industry, an official said Wednesday. Read more »

Gov’t panel mulls new labeling scheme for unhealthy food

Katrina Domingo, ABS-CBN News
Updated as of Nov 08 09:39 PM

TAGAYTAY CITY - The government is considering placing special labels on unhealthy food to alert consumers that they are purchasing products with “very low nutritional value,” a finance official said Friday. Read more »

Finance dep't says no proposal yet for tax hike on salty food

ABS-CBN News
Posted at Nov 08 05:54 PM

"...pinag-aaralan pa po (it's still being studied)," said Finance Assistant Secretary Tony Lambino. Read more »

BPO group warns corporate tax reform will lead to slower industry growth

Jacque Manabat, ABS-CBN News
Posted at Sep 10 08:36 PM

The group said the measure will hike their tax expenses by up to 170 percent in 2 to 3 years, cause their service rates to increase and erode their ability to compete globally. Read more »

Gov't intensifying crackdown on cigarette smuggling: finance official

ABS-CBN News
Updated as of Jun 05 12:56 PM

MANILA - The government is strengthening its efforts against the smuggling of cigarettes as the both houses of Congress pass the bill increasing the excise tax rates for tobacco. Read more »

Investors to get 'superior incentives' with TRABAHO Bill, says Lambino

ABS-CBN News
Updated as of Jun 05 10:55 AM

MANILA - The second package in the Duterte administration's comprehensive tax reform program aims to give superior set of incentives to push investments in the country. Read more »

Sin tax reform part of gov't's 'fiscal responsibility' for stable investment funding: DOF

ABS-CBN News
Posted at May 28 09:44 PM

The sin tax reform, which seeks to raise excise taxes for alcoholic beverages and tobacco, will help cover the funding gap for the Universal Healthcare law that will be fully implemented by 2020, Finance assistant secretary Tony Lambino told DZMM radio. Read more »

China-funded Kaliwa Dam cheaper, more reliable: finance official

ABS-CBN News
Updated as of Mar 21 11:10 AM

The 60-meter dam is cheaper to build at an adjusted P12.2 billion total cost compared to the P21 billion 7-meter weir project proposed by the Japanese firm Global Utility Development Corporation (GUDC), Finance Assistant Secretary Tony Lambino told ANC. Read more »

China can't take PH assets under loan deals: finance official

ABS-CBN News
Updated as of Mar 08 01:14 PM

Finance Assistant Secretary Tony Lambino public assets such as roads, bridges and other infrastructure could not be used “as any sort of payment” in case of failure to comply with the borrowing terms. Read more »

Pagkain, kapakanan ng magsasaka: mga pangamba sa rice tariffication

ABS-CBN News
Updated as of Feb 19 08:23 PM

Maaaring mas paboran ng rice tariffication law, o batas na mag-aalis ng limitasyon sa inaangkat na bigas, ang mga negosyante kaysa ang mga magsasaka, ayon sa isang dating kalihim ng gobyerno.  Read more »

PH to become 'upper middle income' this year - Finance official

ABS-CBN News
Posted at Jan 13 12:11 PM

An official of the Department of Finance again said on Sunday that the Philippines is set to become an upper middle income country this year amid strong growth. Read more »

Finance dept backs Pacquiao bill on tobacco tax hike

ABS-CBN News
Updated as of Jan 09 10:40 AM

Revenue from Senator Manny Pacquiao's bill will help fill in the P40 billion funding gap for universal healthcare. Read more »

PIPOL: How Smokey Mountain changed Tony Lambino years after leaving the group

Miguel Dumaual, ABS-CBN News
Updated as of Nov 10 02:53 AM

Welling up and his voice shaking as he talks about his crusade to help end poverty, Tony Lambino says he remains unwavering in the mission that started forming, of all places, in showbiz during his teenage years. Read more »

Dagdag sa Pantawid Pasada ng mga tsuper, posibleng tapyasan

ABS-CBN News
Updated as of Sep 16 12:03 PM

Nagbabadyang matapyasan ang matatanggap na tulong ng mga tsuper at operator ng jeep mula sa gobyerno sa susunod na taon sa oras na suspendehin ang dagdag sa excise tax o buwis sa langis. Read more »

Still singing 'Paraiso,' ex-Smokey Mountain star settles into gov't role

ABS-CBN News
Posted at Oct 09 09:43 AM

The song, one of the signature hits of the 90s quartet, was written from the perspective of someone who found dignity after having lived in a garbage dump.   Read more »

PH to be a 'high-middle-income' country by 2019: DOF exec

ABS-CBN News
Posted at Oct 09 09:43 AM

The Philippines would be an upper-middle income country by next year if it stays on its course, an official of the Department of Finance said Tuesday. Read more »

'Taas-presyo sa Pilipinas, kagagawan natin'

ABS-CBN News
Posted at Sep 10 10:44 PM

Para sa isang senador, hindi dapat isinisisi ang problema sa pagtaas ng mga presyo ng bilihin sa mga nangyayari sa labas ng bansa dahil ito ay "self-inflicted" o bunsod ng mga pangyayari sa loob ng Pilipinas. Read more »

P200 cash aid meant to offset tax reform impact, officials say

Dharel Placido, ABS-CBN News
Posted at Jun 27 04:02 PM

Tax reform caused a 0.4-point uptick in consumer prices, below the projected 0.7 point. Read more »